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HR 3747 114th Congress House Education Administrative remedies Debt collection Government lending and loan guarantees Higher education Inflation and prices Poverty and welfare assistance Social security and elderly assistance Student aid and college costs

Social Security Garnishment Modernization Act of 2015

Introduced: October 9, 2015 See on congress.gov
 Everywhere this bill has been 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Nov 4, 2015
Referred to the Subcommittee on Regulatory Reform, Commercial And Antitrust Law.
Oct 9, 2015
Referred to the House Committee on the Judiciary.
Oct 9, 2015
Introduced in House
 Plain-English summary Congressional Research Service

Social Security Garnishment Modernization Act of 2015

This bill limits the amount offset (i.e., withheld) from an individual's Social Security benefit payments to repay a defaulted federal student loan to the amount by which such Social Security benefit payments exceed $9,000 annually (i.e., $750 monthly), adjusted for inflation.

Currently, the federal government may offset certain Social Security, railroad retirement, or black lung benefit payments to repay an individual's nontax federal debts, but the amount offset is limited to the amount of federal benefit payments that exceeds $9,000 annually, unadjusted for inflation.


What's happening now November 4, 2015

Referred to the Subcommittee on Regulatory Reform, Commercial And Antitrust Law.

 Committees of jurisdiction 2